Which of the Following Statements Is True About the Beginnings

question 45

Multiple Choice

Which of the following statements is true about the beginnings of European slavery?

• A)The Portuguese who traded with African kingdoms bartered for African slaves and carried them back to Portugal as living novelties.
• B)Slavery was a prominent form of labor and was based on one's race throughout the fifteenth century.
• C)The first modern economy dependent primarily on race-based slavery was established by the English in the late 1300s.
• D)The preoccupation with race-based slavery declined in the late sixteenth century.
• E)Most of the slaves used by the Portuguese were free laborers who came from different professions.

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Definitions:

Market Exchange

The process through which goods, services, or assets are traded between buyers and sellers at a determined price.

Negative Externalities

Unintended and unfavourable outcomes of an activity or transaction that affect third-party stakeholders who did not choose to be involved in that activity.

Positive Externalities

Benefits experienced by a third party not directly involved in the production or consumption of a good or service.

Socially Desirable

Something that is socially desirable is valued and sought after in a society because it promotes the general welfare or aligns with societal norms and values.